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2014-10-17 17:00:00
Pakistan Textile policy fails to get approval despite negative growth in textile exports
The new textile policy of Pakistan which carries measures to increase country’s textile exports to $26 billion by the year 2019 is yet to get approval. It’s being delayed despite the
2014-09-30 17:30:00
Govt plans to nurture the ailing NTC back to health
The government has decided not to sell the loss making National Textile Corporation (NTC) but instead plans to nurture the ailing state-owned textiles firm back to health by disposing of its land
2014-09-30 11:00:00
Pakistan textile policy 2009-14 fails to achieve the set export target
The Pakistan Textile Policy 2009-14 has failed bleakly to achieve its target of doubling exports of the country’s textile industry. The plan comprised short-term support actions and long-term
2014-09-26 11:00:00
Parkdale acquires Summit Yarns’ Mexican manufacturing plant
Gastonia-headquartered Parkdale, which employs 300 workers in Gaston County, confirmed acquisition of Summit Yarns’ Mexican manufacturing plant. This should only strengthen its local and U.S.
2014-09-22 11:00:00
Bangladesh Central bank reluctant to give loan to jute millers from EDF funds
Bangladesh Central bank are reluctant to give jute millers loan from Export Development Fund (EDF) fund for import of capital machinery as it will impair the purpose of the fund and squeeze the
2014-09-16 17:00:00
Kenya need to streamline activities with trade policy tools to aid textile and apparel sector
Kenyan textile industry was flourishing in the 1980s before the influx of ‘mitumba’ into the country. Companies such as Rivatex offered jobs and clothed Kenyans in new clothes while
2014-09-13 10:30:00
TFP plans to double its current production capacity through installation of third manufacturing line
The line will be based on the current proprietary wet-laid technology, as used on the existing machines, to ensure the continued guarantee of the highest quality nonwovens. The new machine will be
2014-09-04 15:00:00
H&M and Swedfund come join to develop responsible Ethiopian Textile Industry
H&M has entered into partnership with Swedfund to create a unique cooperation in Ethiopia which aims to contribute to the development of a responsible Ethiopian textile industry characterized by both
2014-09-01 12:30:00
Aptma in collaboration with GIZ through energy management system help textile mills save 10MW electricity
The Pakistan textile industry in collaboration with German International Cooperation (GIZ) through implementation of Energy Management System in several mills has achieved target of saving over 10MW
2014-08-26 15:45:00
Textile ministry brings in Flipkart an online marketing platform to boost handloom sales
The Ministry of Textiles to provide marketing support has taken initiatives such as organisation of domestic marketing events, participation in international fairs and buyer-seller meets etc. But, in
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